Internal Audit – Compliance & Legal Team, Vice President

Job Description

Internal Audit

As the third line of defense, Internal Audit’s (IA) mission is to independently assess the firm’s overall control environment, including the firm’s governance processes and controls, and risk management and capital and anti-financial crime frameworks. In doing so, IA:

Communicates and reports on the effectiveness of the firm’s governance, risk management and controls that mitigate current and evolving risk
Raise awareness of control risk
Assesses the firm’s control culture and conduct risks; and
Monitors management’s implementation of control measures
The Compliance and Legal team in New York is responsible for Global audits related to core Compliance processes including Financial Crime controls (AML, Anti-Bribery, Sanctions).

General Responsibilities:

Develop and maintain an in-depth understanding of business areas, its products, and supporting functions
Identify risks, assess mitigating controls, and make recommendations on improving the control environment
Follow-up on open audit issues and their resolution
Compliance and Legal Audit Team Specific Skills and Experience:

Approximately 8+ years of experience in internal audit or compliance
Strong knowledge and expertise in auditing Bank Secrecy Act and Anti-Money Laundering (BSA/AML), financial crime risks and corporate legal functions
Strong understanding of compliance program components, risk and control processes
Understanding of internal audit processes as related to a large financial institution
General Skills and Experience:

Project management experience, including oversight and leadership of junior staff
Highly motivated with strong analytical skills, willing and able to learn new business and system processes quickly
Ability to multi-task and remain organized in a fast-paced environment, and to regularly present to senior leadership
Accurate, accountable and able to multitask while managing both time and work load
Approximately 8+ years of experience as an internal auditor, consultant, and/or regulatory agency examiner within the financial services industry
4-year degree in a finance, accounting, or quantitative discipline, and ideally a graduate degree in a related subject; advanced degree (e.g. JD) is a plus
Relevant certification or industry accreditation (e.g., CAMS, CIA) is a plus
Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.